Menu
Accounting Standards
Is there any significant difference between Ind AS and AS?
Replies (2)
Yes there are differences with respect to applicability, measurement and disclosure.
accounting standard are the guidelines issued by icai for the purpose of maintain and doing systematic accounting .while ind as is the conversion of international financial reporting standard that is globally accepted standard but india convert IFRS according to its own requirement that is called IND AS
Recent Topics :
- Gst input credit
- CAN PARTNERSHIP FIRM SIGN SERVICE AGGREMENT WITH A
- E-waybill
- Sell of CAFC books
- ITC ON RENT
- GSTR-9 Table 8A Portal and Excel Issues
- IGST on Commercial Rental Income (Different State)
- Revocation of suo moto cancelled GST registration
- Is there any faculty taking chapterwise test in CA
- Late Fees and Interest
Related Topics :
CAclubindia
